The Millionaires Tax and Jerry Brown’s Terrorizing Tactic

jerry brown

Ann Robertson and Bill Leumer: Jerry Brown to resort to his terror tactic, intended to strike fear in the hearts of the public. He has told the people of California that if they do not support this new compromise tax proposal, then automatic trigger cuts will go into effect that will brutally slash the budget of public education on all levels.

California Tax Measure Compromise a Victory for Progressives

jerry brown

Paul Hogarth: When it comes to crafting state budget policy, Sacramento’s leadership never bothers to consult the grass-roots – cutting deals with big business and a small handful of unions, and then expecting the rest of us to take our marching orders.

REVISED: How to Avoid Being a Principled Republican on Taxes

republicans and taxes

Robert Reich: Republican leaders are trying to get rank-and-file Republicans to go along with an extended payroll tax holiday — but by paying for it without raising taxes on the very rich.

Flat Tax a Flat-Out Fraud

herman cain

Robert Reich: All flat-tax proposals benefit the rich more than the poor for one simple reason: Today’s tax code is still at least moderately progressive. The rich usually pay a higher percent of their incomes in income taxes than do the poor. A flat tax would eliminate that slight progressivity.

The Flat-Tax Fraud, and the Necessity of a Truly Progressive Tax

flat tax

Robert Reich: Simple fairness requires three things: More tax brackets at the top, higher rates in each bracket, and the treatment of all sources of income (capital gains included) exactly the same.

The Need for a Progressive Alternative

gop field

Robert Reich: Without bold alternatives, Americans desperate for big solutions are attracted to bold crackpot ideas like Herman Cain’s “9-9-9” proposal, which would raise taxes on the poor and cut them for the rich.

The Seven Biggest Economic Lies

class warfare

Robert Reich: Here’s a short effort to rebut the seven biggest whoppers now being told by those who want to take America backwards.

Inequality: The Real Cause of America’s Economic Woes

GOP-and-CEO-pay-wide

Robert Reich: During periods when the very rich took home a much smaller proportion of total income — as in the Great Prosperity between 1947 and 1977 — the nation as a whole grew faster and median wages surged.

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More Riches for the Rich

Rich-and-Poor

Steve Hochstadt: But neither party has tried very hard to protect the poorest Americans from the outsized greed of the wealthy. About half of all members of Congress are millionaires, and all of them are beholden to the very wealthy for donations to their constant campaigning.

Don’t-Raise-Taxes-on-the-Rich Crowd Getting Desperate

taxes

Robert Reich: In truth, the most important variable explaining the rise and fall of tax revenues as percent of GDP has been the business cycle, not the effective tax rate.

California’s Silence of the Scams

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Craig Williams: The best cure for California’s budget problems might be a big statewide tax reform campaign based on the commercial property tax legislation proposed by the progressive organization Cal Tax Reform (CTR) and sponsored by Assembly member Tom Aminao.

The Truth About the American Economy

Robert Reich: As we should have learned from the Great Prosperity — the 30 years after World War II when America grew because most Americans shared in the nation’s prosperity — we cannot have a growing and vibrant economy without a growing and vibrant middle class.

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A Unified Theory of War and Taxes

Vietnam-War-wide

David Swanson: Taxes are a byproduct of wars. Were it not for wars and war propaganda, this country would have never begun paying taxes. If we were to end wars, and only if we were to end wars, we could consider ending taxes too.

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How Democrats Can Become Relevant Again

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Robert Reich: Republicans offered Democrats two more weeks before the doomsday shut-down. Democrats countered with four. Republicans held their ground. Democrats agreed to two. This is what passes for compromise in our nation’s capital.

Is No New Taxes What Voters Really Want?

tax cuts

Steve Hochstadt: The voters spoke in November: They picked Quinn and a tax increase over Brady and no new taxes. One reason is that Brady could not identify for voters where he would cut much spending. The opponents of taxes did not propose any reasonable alternative to raising taxes to solve Illinois’ debt crisis.

Why Inequality Matters

lawrnence strike 1912

Ann Robertson and Bill Leumer: The only alternative available to working people that offers real prospects for success are mass mobilizations in the streets and strikes – the kind of militant struggles that scored so many gains in the 1930s.

Why the Bush-Era Tax Cuts Should Not Be Extended to the Nation’s Top 2%

Budget

Tracy Emblem: Let’s give the new legislation which provides tax breaks and job incentives for “small businesses” time to work before blindly accepting McConnell’s argument that allowing the Bush-era tax cuts to expire would hurt small businesses. We must start closing the deficit gap.

Why the Tax Deal Confirms the Republican Worldview

mcconnell

Robert Reich: As income and wealth have risen to the top, so has political power. Money is being used to bribe politicians and fill the airwaves with misleading ads that block all of this.

Obama’s First Stand

Robert Reich: The President says a Republican proposal to extend the Bush tax cuts to everyone for two years is a “basis for conversation.” I hope this doesn’t mean another Obama cave-in.

The Politics of Taxes

republican tax cuts

Tracy Emblem: Bush Tax cuts have conferred the most benefits, by far, on the highest-income households – those least in need of additional resources – at a time when income already is exceptionally concentrated at the top of the income spectrum.

The Defining Issue: Who Should Get the Tax Cut — The Rich or Everyone Else?

wealthy

Robert Reich: Republicans are hell bent on demanding an extension of the Bush tax cut for their patrons at the top, or else they’ll pull the plug on tax cuts for the middle class. This is a gift for the Democrats.

An Example of Hearst “Yellow Journalism:” SF Chronicle, LA Times Spread Phony Tax Hysteria

Newspaper

In a shocking display of yellow journalism that would make William Randolph Hearst blush, the San Francisco Chronicle and Los Angeles Times both slapped on their front pages last Thursday a complete non-story in California tax law.

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